A|I: The AI Times – ChatGPT: charming but flawed
Plus: Apple’s long rumoured self-driving car is pushed back.
AI
Innovobot holds initial close of targeted $40 million fund to invest in “deep tech for good”
The fund has secured $14 million from entrepreneurs and family offices.
Perceiv AI raises $1.5 million to better predict the progression of diseases
Startup’s platform initially focused on improving outcomes for Alzheimer’s patients.
Google opens applications for fourth Startups Accelerator Canada cohort
Helcim, MintList, were among participants of the previous group.
A|I: The AI Times – Turing tested: ChatGPT is craaaazy
Plus: Private AI secures $10.7 million.
Private AI secures $10.7 million CAD to protect personal data from privacy breaches
Microsoft, BDC, Twilio alum are among Private AI’s investors.
A|I: The AI Times – Unpacking 10 years of AI funding
Plus: Are we running out of data to train language AI?
Sanctuary secures $30 million from Canada’s SIF to build robots with human-like intelligence
The AI startup is expected to hire more than 160 employees.
Durable aims to help solo entrepreneurs launch service-based businesses with AI
Durable has closed $6.25 million USD to date from US investors.
RailVision Analytics closes $5.5 million CAD to cut train emissions by curbing fuel consumption
Trucks choo-choo chooses RailVision following successful pilots with Via Rail, Metrolinx.
Nortel alum-turned-mystery novelist combines her tech and writing background with Fictionary
Fictionary’s $1.8 million round one of the first investments out of BDC’s Thrive Venture Fund.
Coveo’s Louis Têtu on market cycles, mentorship, and “recipes for failure”
Avoid “yes people.” Choose to be “the dumbest person in the room.”
A|I: The AI Times – With a new robot and fresh funding, Attabotics CEO says “the hard part’s done.”
Plus: Raquel Urtasun’s Waabi gears up to hit the road.
Acerta closes $10.4 million CAD Series B to help automakers like Nissan and GM build car parts more efficiently
Acerta puts pedal to the metal and targets North American, European expansion.
BluWave-ai, Tehama receive collective $4.4 million from FedDev Ontario for product development, hiring
The federal government investment is expected to create 85 jobs in the Ottawa region.